Airbyte, a San Francisco-based creators of the fastest-growing open-source data integration platform, announced that it raised more than $150 million in Series B funding.
The round was led by Altimeter Capital and Coatue Management, with participation from Thrive Capital, Salesforce Ventures, Benchmark, Accel, and SV Angel.
This fuel allows Airbyte to continue to delight its community, to continue to grow its team, to make its Open Source and cloud the standard for every single company that needs to move data.
Company: Airbyte, Inc.
Raised: $150.0M
Round: Series B
Funding Month: December 2021
Lead Investors: Altimeter Capital and Coatue Management
Additional Investors: Thrive Capital, Salesforce Ventures, Benchmark, Accel, and SV Angel
Company Website: https://airbyte.io/
Software Category: open-source data integration platform
About the Company: Airbyte was co-founded by Michel Tricot (former director of engineering and head of integrations at Liveramp and RideOS) and John Lafleur (serial entrepreneur of dev tools and B2B). Airbyte is the open-source data integration alternative running in the safety of your cloud and syncing data from applications, APIs, and databases to data warehouses, lakes, and other destinations. The company is headquartered in San Francisco with remote employees around the world.
Source: https://www.businesswire.com/news/home/20211217005648/en/Airbyte-Closes-150-Million-Series-B-Funding-Round-Led-by-Altimeter-Capital-and-Coatue-Management https://airbyte.io/blog/a-150m-series-b-to-power-the-movement-of-data